Tablet computers added to UK inflation basket

[AtW]

Tablet computers, fiction books for teenagers and cans of stout are being put in the basket of goods used to calculate the UK's rate of inflation.

Items dropped from the basket include the cost of developing colour film.

The Office for National Statistics (ONS) updates the basket each year so the contents accurately reflect current trends in spending.

The basket contains 700 items, with 180,000 individual prices collected each month.

BBC News - Tablet computers added to UK inflation basket

Oh FFS!!!

[DimPrawn]

Well some people here buy a new Apple product every month, so it's only a fair representation.


AND they took step ladders out of the basket.

[Old Greg]

This is great news. Tablets will be deflationary. This well mask true rampant inflation, which is doing a great job of eroding savings and mortgages.

[DimPrawn]

This is great news. Tablets will be deflationary. This well mask true rampant inflation, which is doing a great job of eroding savings and mortgages.

No really? It's almost like the govt want us to think we face deflation and then print trillions of £££ as a response, devaluing debt.



Great time to be in massive debt.

[Old Greg]

No really? It's almost like the govt want us to think we face deflation and then print trillions of £££ as a response, devaluing debt.



Great time to be in massive debt.

The smart money moved from cash to leveraged asset ownership some time ago.

[TimberWolf]

How do they keep track of tablet prices? A new model comes out every year.

[TimberWolf]

Good news, inflation is heading for -90% :

iPads advertised for £49.99 in Tesco online pricing blunder | Mail Online

Though sadly prices of everything will still be going up by 30% a year.